4, Wallace Close
4, Wallace Close
Description & Estimates
4, Wallace Close, Reading is recorded publicly as a mid-century leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Wallace Close, Reading is £248,959 and its rental estimate is £1,133 per month, given the available information and assuming reasonable condition.
4, Wallace Close is a residential building on Wallace Close, Woodley, Reading, RG5 and falls within the RG5 postal district.
Our Data Sources
4, Wallace Close, Reading has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Wallace Close, Reading, we estimate a market value of £261,407 and a rental value of £1,190 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,532 and £1,054 per month respectively.
Recent Market Change
Over the last year, 4, Wallace Close, Reading has seen its estimated sale value fall by £5,481 (2.2%) and its estimated rental value move up by £10 per month (0.9%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
4, Wallace Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Wallace Close, Reading completed on 18th March 2021 at £242,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.3% over the period since March 2021.
- Sold Mar 2021£242,000
- Sold Jul 2005£149,500
- Sold May 1999£72,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Wallace Close, Reading have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2025, was 12, Wallace Close, Reading, RG5 3HW, a leasehold flat which sold for £295,000.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 66 addresses on Wallace Close, Woodley, Reading, RG5, 4, Wallace Close, Reading comes out as the 56th largest and the 58th most expensive in our analysis of the public data.
It is also £206k less expensive than the average property across the RG5 district.
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Schools Nearby
- 300mSouth Lake Primary School
- 900mHighwood Primary School
- 1.0kmBeechwood Primary School
- 1.2kmThe Bulmershe School
- 1.2kmMaiden Erlegh School
- 2.1kmUTC Reading
More reading links
Public Transport Nearby
From 4, Wallace Close, Reading, the nearest station is Earley, 600 metres away.
- 600mEarley
- 1.6kmWinnersh Triangle
- 2.8kmWinnersh
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
